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Jul 25, 2011 7:00am PDT
, which sounds like a lot. but includes money not spent in iraq and afghanistan. which republicans are likely to argue are not true cuts. so, whose plan will prevail? boehner told his fellow house republicans, i think we can win this for the american people but that it's going to require some of you to make some sacrifices. if we stand together as a team, our leverage is maximized and they have to deal with us. that last comment was probably directed at the republican members who have said that they will not vote to raise the debt ceiling under any circumstances. speaker boehner will need their volts if he wants his legislation to win out in what is shaping up to be a partisan showdown. rebecca? >> nancy cordes on capitol hill. thank you, nancy. if a deal does not happen, how does that affect most americans? joining us is roben farzad, senior writer for bloomberg news. what's the ripple effect on average americans if this thing doesn't happen? >> mostly psychological throughout the week. if people suddenly start perceiving that the unthinkable of, one, credit rating downgrade for t
Search Results 0 to 2 of about 3 (some duplicates have been removed)